Phil Hauck's TEC Blog

Sunday, August 14, 2011

From George Will (minorily paraphrased) ...

"From Greece to California, with manifestations in Italy, Spain, Portugal, Ireland, Illinois and elsewhere, we have a demonstration of where a "dependency agenda" will take us ... more and more people depending on government largesse, supported by an increasingly smaller tax base. It also is imposing huge costs on voiceless future generations."
This isn't meant to say that we don't need government support for those who can't take care of themselves; it does mean that there are limits ... and it is evident that 23%-25% of GDP is past the limit. There is much support that it has to be in the 19%-21% range. We need to get back to that.

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